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Donald Sterling Loses Clippers Fight As Judge OKs $2B Sale

Shelly Sterling had authority to seize control of the Los Angeles Clippers from her husband, Donald Sterling, and can complete her $2 billion sale of the team to former Microsoft CEO Steve Ballmer, a California probate judge tentatively ruled Monday.

  • BREAKING: DC Circ. Backs Tougher Meat-Labeling Rules

    An en banc panel of the D.C. Circuit on Tuesday upheld a revamped set of meat-labeling regulations handed down by the U.S. Department of Agriculture, rejecting assertions from domestic industry groups that the rules compel corporate speech in violation of the First Amendment.

  • East Bay To Spend $1.5B On Sewer Repairs After CWA Order

    The U.S. Environmental Protection Agency said Monday the East Bay Municipal Utility District and seven area communities agreed to upgrade their 1,500-mile-long sewer system over two decades to settle allegations they discharged sewage into San Francisco Bay, a project that is expected to cost around $1.5 billion.

  • 4th Circ. Sinks Va. Same-Sex Marriage Bans

    The Fourth Circuit on Monday struck down Virginia's state ban on same-sex marriages, continuing a string of federal and state court rulings finding similar state bans unconstitutional.

  • Smith & Wesson To Pay $2M To Settle FCPA Charges

    Gunmaker Smith & Wesson Holding Corp. will pay $2 million to settle U.S. Securities and Exchange Commission charges that it violated the Foreign Corrupt Practices Act when employees and others made or authorized payments to foreign officials while trying to win contracts in Pakistan and elsewhere, the agency said Monday.

  • Russia Must Pay Yukos Investors $50B, Hague Court Rules

    The Hague's arbitration court has ordered the Russian Federation to pay former shareholders of defunct Yukos Oil Co. $50 billion in damages over its 2007 dismantling of the oil giant, according to decisions announced Monday.